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The use cases for xRapid and XRP are due to come online after years of careful planning and hard work. Like dedicated farmers, XRP ecosystem stakeholders use creativity, dedication, and know-how to identify real business problems and then forge solutions. In this latest blog entry, I talk about all the latest news items affecting XRP, including some interesting developments at Ripple, new exchanges, and yet another stock market exchange - this time in Germany - getting into crypto. I hope you enjoy the read & please leave any feedback below: Feel free to share my blog with a friend, or on any other platform or media - and thank you for doing so! Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread

Ozzie getting in the game Australia’s First Regulated Crypto Exchange Adds Ripple XRP Support July 8, 2018 7:00 by Pratik Makadiya https://btcmanager.com/australias-first-regulated-crypto-exchange-adds-ripple-xrp-support/ "CEO Adrian Przelozny said “The addition of XRP is in line with our strategy of adding high-quality digital currencies in a thoughtful and measured way. There is a wide universe of digital currencies out there now, but to be listed on Independent Reserve they need to meet a range of criteria including quality, stability and volume metrics. Our clientele has been requesting XRP, and we felt this timing was right to offer it to them.” "Independent Reserve is AUSTRAC-approved cryptocurrency exchange and reportedly the first fully authorized trading desk in the country."

Sharing my findings as I couldn't find them all at xrpchat. There is some good stuff happening (in my opinion) regarding the progress towards real blockchain adoption in general (which I assume is profitable for XRP usecase adoption too). First let's again view what a survey by WEF World Economic Forum with "over 800 executives and experts from the information and communications technology sector" says: From Ripple insight: Original PDF by WEF Ripple Insight regarding this survey Of course this is an averaged estamation based on the responses and the survey was done in 2015. Stuff already seems progressing quicker than expected (incl for Ripple). It shows the expectations the respondents in the ICT sector have. Blockchain ISO standards developments There are ISO standards being developed for "blockchain and distributed ledger technologies". Such standards are necessary (imo) for real worldwide adoption. Currently the stages of those ISO standards are 'Preparatory' (stage 20.00) at most. Here is an overview of participating and observing countries: https://www.iso.org/committee/6266604.html?view=participation This standard is an initiative by Australia. From the roadmap for blockchain standards of Standards Australia (march 2017): Small overview of roadmap here. So even though the current status is 'Preparatory' at most, the ISO standards ARE being developed at this moment. Boiling fintech in Luxembourg; Infrachain From website: Q1 2018 introduction paper Now lets view Infrachains members page: This shows that big players in the industry like Ant Financial are actively busy progressing to realworld usage / adoption. Also interesting Ant Financial is active in Luxembourg it seems. Talking about Ant Financial, their brand Alipay has some plans. Exciting blockchain/fintech times ahead imo. For speculation; Snapswap, KPMG, Telindus, Deloitte have some connections to Ripple. SnapSwap USA (a Ripple gateway) stopped but the key executive was Denis Kiselev, which is still active at SnapSwap International S.A. in Luxembourg. KPMG slide mentioned Mastercard tested Ripple payments blockchain solution (just noticed the slide author is Unilever, big Dutch company that had 52.7 billion euro turnover in 2016) Telindus has a Ripple validator running Deloitte (37.8 billion usd turnover) senior manager for innovations talking Ripple here and here. Maybe he is in the community somewhere. Also in Japan the selfregulated Japanese Cryptocurrency Exchange Association was created which fits above progress (ISO standards under development / Infrachain trying to accelerate blockchain adoption by community created regulation). Good to see these initiatives which should help accelerate blockchain and/or crypto use by setting standards & guidelines at a moment there is still some regulatory unclarity.

Hi everyone, Firstly a disclaimer: I am NOT trying to avoid paying my fair share of taxes. However, what if I don't have to pay them? Basically the way I see it is that capital gains tax applies to cryptos in Australia the same way that it applies to stocks. If you hold your crypto for under a year and sell for a profit, the full CGT rate applies. However, if you hold for longer than a year, you are entitled to a 50% discount on the CGT amount. No issue there. My query is the following part of the tax treatment of cryptos in Australia. Where they say "bitcoin" they are referring to cryptocurrencies in general. (Full webpage here: https://www.ato.gov.au/General/Gen/Tax-treatment-of-crypto-currencies-in-Australia---specifically-bitcoin/): ---------Begin quote-------- Disposing of bitcoin acquired for investment If you have acquired bitcoin as an investment, but you are not carrying on a business of bitcoin investment, you will not be assessed on any profits resulting from the sale or allowed any deductions for any losses made. If your transactions amount to a profit-making undertaking or plan then the profits on disposal of the bitcoin will be assessable income. Capital gains tax may apply to personal transactions. Note: There are no GST consequences where the bitcoin is not supplied or acquired in the course or furtherance of an enterprise you are carrying on. ---------End quote-------- Now I'm not sure about you, but the message seems fairly plain: You don't have to pay taxes on cryptocurrencies acquired "as an investment." My take on this is that you only get CGT taxed if you're trading in and out of cryptos for fiat (i.e. "trading" like a day-trader, stockmarket trader or for profit-making endeavours) or if you're using them for "personal transactions" - i.e. using cryptos for personal consumption. (They say that the latter tax only kicks in at $10000 worth of crypto.) So basically my take is that if you've "invested" in cryptos then you are tax exempt on disposal of them. The questions is: what do they mean by "investment"? My gut-feel is that the tax office doesn't want to miss out on collecting your other taxes if your investment goes bad - in which case you can do a write-off on your profits elsewhere. But what if your investment does well? I honestly think this is a loop-hole which might get closed off soon enough. I may even seek a tax ruling on this, since I basically buy and hold and feel I fit into this "investment" category. Cheers, Trippy

Straya, I am very intrigued to know that which one of my fellow Aussie XRP "Believers" has bought custom "IXRP" plates??? As its still early but I decided to buy them today, although as committed as I am to Ripple & XRP so I should buy them before massive gains but to no avail. Its already sold, and for some reason I believe the owner might be a member here. It's ok if you don't want to come up front and claim it, I was just curious as I think someone who bought it must be having reasonable knowledge of Ripple and XRP through forums like these and would make a post to show commitment. Regards, Vince

https://mycryptowallet.com.au/ New Australian exchange and wallet offering XRP.

Good morning all. This is my first post. I thought I would start by bringing to your attention someone else's work and briefly reviewing it. To this end, I include here links to a couple of educational YouTube videos I came across. These were uploaded in the past 2-3 days and are 10-15 minutes long each. One concerns Ripple's perceived potential while the other systematically addresses various Ripple/XRP-related inaccuracies, misconceptions, and untruths being posted by self-styled analysts. A third 'big picture' video introducing basic financial terminology is also available for viewing and may be helpful to some. The author is from Australia and appears to have experience in banking, which piqued my interest. I appreciated her articulating the differences between the wholesale and retail financial domains -- a distinction that all too often is not clearly made when comparing crypto assets -- and their impact on the coin inventory potentially required to manage transactions effectively and efficiently at scale. While her channel seems to be relatively new, I like her sensible, matter-of-fact approach, clear educational focus, and determination in counteracting misinformation with facts head on and in a concise way. Good notes accompany the visuals. I hope you too find the material valuable. Enjoy. Ripple - target market and opportunities Incorrect statements on Ripple

https://bravenewcoin.com/news/ripple-price-analysis-trend-reversal-likely/ "The conference will also likely include an announcement regarding further mainstream bank adoption, possibly in Australia. Ripple recently gained a foothold in Mumbai, South Korea, and Singapore." "Expect a second conclusive announcement from XRP CEO Brad Garlinghouse regarding the 55 billion XRP Ripple the company is sitting on." Conclusion With a large XRP conference in Toronto beginning next week, expect several announcements and partnerships to develop. Typically, markets buy the rumor and sell the news. For this reason, further bullish momentum leading into the conference is likely. After the dust settles, the bull trend will likely continue based on decreasing available supply and increasing worldwide demand, adoption, and awareness. All the technicals presented above continue to support a trend reversal, albeit not definitive at this point in time. Ichimoku Cloud, EMAs, Pitchforks, and Bollinger Bands have begun to slowly flip bullish on high timeframes. Aggressive entries have likely already been made while traders requiring more confirmation will need at least a week or two before the trend shift becomes obvious. An immediate target of 13.8k sats is probable simply based on the 50% retracement level.

According to source; XRP will be added to the payment choice list within 2 weeks. Pay household bills and deposit AUD to bank account https://www.livingroomofsatoshi.com/

Bitcoin opening 3000 ATM's in Australia. https://www.itnews.com.au/news/three-thousand-bitcoin-atms-to-launch-across-australia-472448 Side question - Ever think XRP will have a role in ATM's?

any one ordered Ledger Nano s from original website to australia? how long do they take for delivery? any other way of getting this in australia?

myCryptoWallet will offer instant buying, selling and trading of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP) cryptocurrencies. When launched it will be the only Australian-based crypto marketplace which offers to buy, sell and trade in all of the above digital assets on one platform. https://www.cryptoninjas.net/2017/07/11/new-australia-cryptocurrency-platform-mycryptowallet-preparing-launch/amp/

I am keen to understand why does GateHub use SWIFT for cross boarder payment to Australian NAB instead of the Ripple Connect mechanism? Based on my understanding the NAB bank https://ripple.com/network/financial-institutions/ is using Ripple Connect application. I assume using Ripple Connect would speed up the cross boarder payment from GateHub to NAB and cost less, however I may be missing something here. Regards,

http://www.australianbankingfinance.com/technology/ripple-predicts-tipping-point-for-blockchain-use/